Which one of the following statements is FALSE? OA) Interest is tax deductible while the dividend is not. B) Shareholders have the residual rights to the return of capital in the event of liquidation. C) Both shareholders and debt holders can vote at the Annual General Meeting D) Interest is the obligation of the company while the dividend is not.

icon
Related questions
Question
Which one of the following statements is FALSE?
OA) Interest is tax deductible while the dividend is not.
B) Shareholders have the residual rights to the return of capital in the event of
liquidation.
C) Both shareholders and debt holders can vote at the Annual General Meeting
D) Interest is the obligation of the company while the dividend is not.
Transcribed Image Text:Which one of the following statements is FALSE? OA) Interest is tax deductible while the dividend is not. B) Shareholders have the residual rights to the return of capital in the event of liquidation. C) Both shareholders and debt holders can vote at the Annual General Meeting D) Interest is the obligation of the company while the dividend is not.
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer